Preview: First BanCorp's Earnings

First BanCorp FBP is set to give its latest quarterly earnings report on Monday, 2021-10-25. Here's what investors need to know before the announcement.

Analysts estimate that First BanCorp will likely report an Earnings Per Share (EPS) of $0.30

First BanCorp bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by 38.46%, which was followed by a 0.0% drop in the share price the next day.

Here's a look at First BanCorp's past performance and the resulting price change:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.26	0.24	0.21	0.12
EPS Actual	0.36	0.31	0.27	0.10
Price Change %	0.6%	2.23%	-5.41%	0.0%

eps graph

Stock Performance

Shares of First BanCorp were trading at $13.73 as of October 21. Over the last 52-week period, shares are up 113.06%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here

FBPFirst BanCorp

$18.80-%

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